申昊科技：关于不向下修正“申昊转债”转股价格的公告

Core Viewpoint - Shenhao Technology announced that its stock price has fallen below 85% of the current conversion price for at least 15 out of the last 30 trading days, triggering the downward adjustment clause for its convertible bonds, but the company decided not to adjust the conversion price at this time [2]. Group 1 - As of December 17, 2025, the company's stock has experienced a significant decline, leading to the activation of the downward adjustment clause for the "Shenhao Convertible Bonds" [2]. - The board of directors has resolved not to adjust the conversion price of the "Shenhao Convertible Bonds" at this time [2]. - The company will not propose a downward adjustment for the next six months, from December 18, 2025, to June 17, 2026, even if the conditions for adjustment are met again [2]. Group 2 - The period for the next potential trigger of the conversion price adjustment will restart from June 18, 2026 [2]. - If the adjustment conditions are triggered again, the board will convene to decide whether to exercise the downward adjustment rights for the "Shenhao Convertible Bonds" [2].